Bearish trend ends on a background of positive news. The British stock market is in the green zone with the auction. Analysts predict the rise of the banking sector today.
FTSE 100 index returns the position gradually in the beginning of today’s trading. FTSE 100 catches a bullish trend and gets to 5,264.04 points, gaining +18.83 (0.36%) in the first minutes of trading.
FTSE 100 index of words bearish trend in the early trading. Sales began in the first minutes of the trading day. FTSE 100 index close to the boundary mark of 5.285 points, having lost -91.19 (-1.70%).
Lloyds Banking Group PLC (LON: LLOY) continues to lose against the background of a European financial negativity. The banking sector is no longer credible to investors. Lloyds Banking Group was 73.50 points, losing -1.62 (-2.16%) in the first minutes of trading.
Lloyds Banking Group plc (LON: LLOY) shares are falling in price because of the negative dynamics of the UK stock market today. Lloyds Banking Group was 73.78 points at the time.
One of the leading British banks Lloyds Banking Group PLC (LON: LLOY), 40% owned by the British Government, said that its profit amounted to £ 1,6 billion ($ 2.5 billion) the first half of 2010. The figure above forecasts of analysts polled by Thomson Reuters and Bloomberg, the expected profit at £ 620-700 million ($ 1-1,1 billion).
Lloyds Banking Group PLC (LON: LLOY) is a mark of 76.84 points at the time. Lloyds Banking Group shares gained +2.35 points (3.15%) from the beginning of trading today. Lloyds Banking Group Plc, the UK’s largest mortgage lender, recorded a profit of I half-year 2010 – the first time since buying HBOS Plc 19 months ago.
Lloyds Banking Group PLC (LON: LLOY) shares rise in price after a positive profit report. Bulls have an incredible support for the bank. Lloyds Banking Group PLC (LON: LLOY) was 72.85 points, gaining +0.93 points, or 1.29% since the beginning of trading.
Lloyds Banking Group plc (LON: LLOY) is falling unexpectedly in early trading this morning. Lloyds Banking Group plc shares went into the red zone in the first minutes of trading. Bulls didn’t expexted for such unpleasant surprise.
Lloyds Banking Group PLC (LON: LLOY) has become the sole leader of the stock market today. European trading began with a bullish trend against the background of favorable news from the banking sector. Lloyds Banking Group rose to 72.85 points, gaining +3.59 (5.18%).